One of the most difficult business decisions is to walk away from the money that you have already spent. These losses are called "sunk" costs. This can be extremely frustrating, but the only efficient way to move forward is by focusing on future costs rather than dwelling on past losses.
Read MoreTopics: Profitability, Sunken Costs
Six Tips to Increase your Business's Cash Flow and Profitability
Posted by Jack Craven CPA on Wed , Oct 16 , 2019
Managing and running a business, whether it is small or large, is tough. Although each business is unique in its own way, here are six ideas to help your business increase its profitability and cash flow.
Read MoreTopics: Media Industry, Profitability, Cash Flow